Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

Northern Trust (NTRS) announces quarterly dividends on common and preferred stock. The company declared a $0.75 per share dividend on its common stock and $293.75 per share on its Series E non-cumulative perpetual preferred stock. The dividends are payable on July 1, 2024, to shareholders of record on June 7, 2024, and June 15, 2024, respectively.

CHICAGO--(BUSINESS WIRE)-- Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on July 1, 2024, to holders of record at 5:00 p.m., Chicago time, on June 7, 2024.

Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), payable on July 1, 2024, to holders of record at 5:00 p.m., Chicago time, on June 15, 2024.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2024, Northern Trust had assets under custody/administration of US$16.5 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

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Doug Holt

Northern Trust

(312) 557-1571

Doug.Holt@ntrs.com

Source: Northern Trust Corporation

FAQ

What is the dividend amount declared by Northern Trust on its common stock?

Northern Trust declared a quarterly cash dividend of $0.75 per share on its common stock.

When are the dividends payable to shareholders of Northern Trust 's common stock?

The dividends on common stock are payable on July 1, 2024.

What is the dividend amount declared by Northern Trust on its Series E non-cumulative perpetual preferred stock?

Northern Trust declared cash dividends of $293.75 per share on its Series E non-cumulative perpetual preferred stock.

When are the dividends payable to shareholders of Northern Trust 's Series E non-cumulative perpetual preferred stock?

The dividends on Series E non-cumulative perpetual preferred stock are payable on July 1, 2024.